Elite Pharmaceuticals Inc (ELTP)

[packerfanbud]

To be fair I said "likely to go down". I agree it could go a nice run based on what is discussed. My opinion is that the expectations of the investors are they are going to give us fantastic news. I don't believe that will happen because the types of things we are waiting on are material events that will be PR'd and/or filed as an 8k. A conference call is not the place for those types of announcements, and Elite generally doesn't freely give out that type of information. Therefore, I believe that people will be disappointed even, if the conference call is generally positive.

This stock is very easily manipulated and I believe setting the expectation that we will get great news at the CC plays into the manipulation.

Footnote: If the financials that are released show us being profitable then I don't think the conference call matters at all. As I believe the numbers are more important than whatever will be discussed.